Commercial Real Estate Market in Norfork, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 47 off-market properties in Norfork, AR.
Market Trends
Norfork, AR spans 84.1 square miles in Baxter County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Norfork, AR asks $98/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Norfork, AR asks $86/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Norfork, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Norfork, AR asks $133/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Norfork, AR has 1,599 residents in 992 households. Density runs 19 people per square mile. Median household income here is $37,961 and median gross rent $727 a month.
1,599
Population
992
Households
1.6
Avg Household Size
52
Median Age
9%
College-Educated
88%
High-School Grad
84.1 sq mi
ZIP Area
19
Density / Sq Mi
$37,961
Median Household Income
$37,992
Median Earnings
$727
Median Rent
$102,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Old Joe | — | — |
| Salesville | — | — |
| Jordan | — | — |
| Mountain Home | — | — |
Commercial property in Norfork, AR asks $2,216/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Norfork?
Commercial property in Norfork, AR asks an average of $2,216 per square foot. Multifamily carries the highest asking price at $133/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 0 active for-lease listings in Norfork, AR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
